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Lightrock, Moore face losses as IPO-bound Shiprocket loses unicorn tag

New Delhi, Aug. 6 -- Global investment firms Lightrock and Moore Strategic Ventures will book a loss by selling their entire stake in Shiprocket Ltd while Bertelsmann India Investments has dropped its... Read More


Capital Stack to apply for AIF licence, float private credit fund

New Delhi, Aug. 6 -- Capital Stack, an investment bank facilitating domestic debt issuance, cross-border debt issuance and structured finance among other services, is set to launch a private credit fu... Read More


PE-backed power products maker Stelmec plans fresh fundraise

New Delhi, Aug. 6 -- Electrical equipment maker Stelmec Ltd is planning a fresh fundraise which may even see the company's promoters diluting a majority stake to the incoming investors, two people awa... Read More


HomeRun, Solinas Integrity, Replus Engitech, others raise fresh capital

New Delhi, Aug. 6 -- Quick commerce platform HomeRun, AI-powered equity research platform Pinegap, robotics startup Solinas Integrity, battery storage company Replus Engitech, deeptech startup Consint... Read More


How RBI's proposed rule changes can boost foreign inflows into AIFs, REITs, InvITs

New Delhi, Aug. 6 -- The Reserve Bank of India's draft proposal to amend foreign investment rules could improve investment flows into alternative investment funds (AIFs), real estate investment trusts... Read More


Piper Serica marks first close of deeptech-focused VC fund

New Delhi, Aug. 6 -- Mumbai-based asset manager Piper Serica has marked the first close of a venture capital fund that it launched in May this year to expand its existing early-stage investing strateg... Read More


KKR to acquire Medicover's India hospital business

New Delhi, Aug. 6 -- US private equity firm KKR said it will acquire the India unit of Swedish healthcare provider Medicover AB's hospital operations amid growing interest in the country's healthcare ... Read More


KKR expands India healthcare platform with $1.4 bn Medicover deal

New Delhi, Aug. 6 -- US private equity firm KKR has agreed to acquire the India hospital business of Swedish healthcare provider Medicover AB in a deal valued at €1.2 billion (around $1.4 billio... Read More


SIDBI backs Cedar Hill Capital's AI-first fintech fund

New Delhi, Aug. 5 -- Mumbai-based early-stage venture capital firm Cedar Hill Capital has secured a commitment from the Small Industries Development Bank of India (SIDBI) for its maiden fund, adding a... Read More


River Mobility raises $120-mn Series C led by Elev8, Claypond

New Delhi, Aug. 5 -- Bengaluru-based electric two-wheeler maker River Mobility has raised $120 million (around Rs 1,141 crore) in a Series C funding round comprising equity and venture debt, as the co... Read More